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China will not sit idly and watch its legitimate rights and interests be damaged under any circumstances, the spokesperson said.

China will strengthen cooperation with Singapore to promote greater financial connectivity. [Photo/Sipa]

China's annual business volume of express deliveries exceeded 63.52 billion items, increasing 25.3 percent compared with the previous year. Total revenue of delivery enterprises hit 749.78 billion yuan (8.85 billion) in 2019, showing a rapid growth of 24.2 percent.

China's banking and insurance regulator announced on Sunday it had given approval to Industrial and Commercial Bank of China Ltd, the country's largest State-owned commercial lender by assets, to establish a wealth management subsidiary.

China's banking and insurance regulator said on Friday that it has approved the establishment of the first foreign majority-owned wealth management firm in China.